| From Reuters: Little Diomede, a remote U.S. island in the Bering straits only 2.5 miles from Russia, has 129 people living in a traditional Ingalikmiut Eskimo village. Little Diomede villagerberings are part of tens of thousands of qualified Alaskans who receive dividends from regional wealth fund Alaska Permanent Fund.
At least 25 percent of resource-related revenues are placed in the fund, which invests its assets of over $34 billion in a diversified portfolio of public and private assets. Currently their asset allocation consists of 38 percent in stocks, 22 percent in bonds, 12 percent in real estate, 6 percent in private equity and 2 percent in cash.......................................Full Article: Source
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